Skip to main content
Back
Scroll to top

Where to Get Small Business Loan Rates

Running A Business 2 min read

Ready to talk to an expert?

So you’ve decided to start a small business, and you have everything sorted out. Business plan…check, location, check. Small business loan rate quotes….not checked.

Okay, so you have almost everything sorted out. You’re stuck on the next step—financing your business—and you aren’t sure where to get small business loan rates in your area.

There are a lot of options for small business loans, but banks are still the best places you can go. If you live in NC or SC, you can move forward with your plans to open a small business quickly and easily. All you have to do is visit a First Bank location near you, and ask one of our experts about our small business loans. Rates can vary depending on the type of loan, so speaking with one of our experts is the best way to make sure you’re getting a rate that works for you.

Loan Options at First Bank

At First Bank, we understand that small business loans aren’t one size fits all. Different businesses have different needs, and that is why we offer a variety of small business loan options, including:

  • A business credit card with rewards
  • Lines of credit
  • Business loans
  • Commercial mortgages
  • Construction loans
  • SBA loans

All of our loans are offered with flexible terms and highly competitive rates*. With First Bank, you won’t have to wonder where to get small business loan rates anymore.

What’s Next?

Now that you’ve gotten your finances figured out, what’s next? According to the U.S. Small Business Administration, you have 6 steps left:

  1. Determine the legal structure of your business
  2. Register a business name
  3. Get a tax identification number
  4. Register for state and local taxes
  5. Obtain business licenses and permits
  6. Understand employer responsibilities

For more information on starting a small business or answers to questions like “where to get small business loan rates?”, visit your nearest First Bank location to talk to a business loan expert today.


Loans subject to credit approval.

———

Sources:

Bank Rate: http://www.bankrate.com/finance/personal-finance/3-ways-to-get-a-small-business-loan-1.aspx

Small Business Administration: https://www.sba.gov/content/follow-these-steps-starting-business

Ready to talk to an expert?

Share:

You may be interested in...

Creating a Competitive Employee Benefits Plan Employee benefits plans are an important part of any business owner’s company structure. Part of attracting and retaining talented employees is offering them a competitive benefits package. Some benefits are required by law, while others can be offered simply to boost your company’s appeal. Creating a competitive benefits package is about finding the balance between what is required, what you can afford and what will make your employees happy. Employee Benefits Requirements and Extras The law requires that employers provide their employees with certain benefits, including: Social Security taxes Unemployment insurance Workers compensation Disability insurance Leave benefits (required by the Family and Medical Leave Act) Optional employee benefits and incentives include health insurance plans, retirement plans and pensions, flex time, free financial wellness programs, and corporate memberships. However, most companies offer at least a few of these benefits given that many job seekers feel that they must have them in order to apply for a job. To create an employee benefits plan that works well for your company and your employees, start by including all of the benefits required by law, then add from there. Most employees feel that they must at least have health insurance, and many others desire a retirement plan, disability insurance, and more.  Add in the benefits that have become standard in most companies, such as health and life insurance, and consider adding other benefits based on your budget. It may also be beneficial to survey your employees about what benefits they desire, or you may try to find out what benefits your competitors offer. *Investment and Insurance Products are NOT Bank Deposits, NOT FDIC-Insured, HAVE NO Bank Guarantee, NOT Insured by any Federal Government Agency, May Go Down in Value. ——— Sources: SBA: https://www.sba.gov/content/required-employee-benefits 2 min read
First Bank logo
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognizing you when you return to our website and helping our team to understand which sections of the website are the most popular and useful.